In 2005– Barack Obama and the Congressional Black Caucus met with Fannie Mae for a “family” event. In 2005 Democrats also blocked reform of Fannie Mae:

This was before Fannie Mae started filling the pockets of Barack Obama with political donations.The junior Illinois senator collected more money from Fannie Mae than any other Washington politician except Senator Dodd in the last decade.Obama was able to accomplish this feat in just 3 years.

This video shows Fannie Mae CEO talking to “family” members of the Congressional Black Caucus in 2005.

The Democrats have been taking PAYOFFS from Fannie and Freddie and have looked the other way FOR DECADES!They’ve blocked reform several times.

Now this NEW VIDEO of the CEO of Fannie Mae in 2005 shows him explaining the “FAMILY” connection with Democrats and specifically Barack Obama and the Congressional Black Caucus. It looks like Michelle Obama was at the event, too.This was before Barack Obama started collecting tens of thousands from the failed lender.

UPDATE: McCain slammed Obama for his avoidance of this crisis Thursday at a town hall meeting:

“Senator Obama talks a tough game on the financial markets but the facts tell a different story. He took more money from Fannie and Freddie than any Senator but the Democratic chairman of the committee that regulates them. He put Fannie Mae’s CEO who helped create this disaster in charge of finding his Vice President. Fannie’s former General Counsel is a senior advisor to his campaign. Whose side do you think he is on? When I pushed legislation to reform Fannie Mae and Freddie Mac, Senator Obama was silent. He didn’t lift a hand to avert this crisis.”

Comments

As a privately owned web site, we reserve the right to edit or remove comments that contain spam, advertising, vulgarity, threats of violence, racism, anti-Semitism, or personal/abusive attacks on other users. The same applies to trolling, the use of multiple aliases, or just generally being a jerk. Enforcement of this policy is at the sole discretion of the site administrators and repeat offenders may be blocked or permanently banned without warning